Why is Workers Comp so expensive in South Carolina?

[Theresa P.]

Hi BP!

We are currently trying to find affordable workers comp for a contractor who serves as the property manager for a property we own in South Carolina. I have not been able to find any policies that are under $2800 annually. I have asked property owners who own in neighboring states and learned that workers comp is much cheaper across state lines ($900 annually or lower). Does anyone have insight into why workers comp is so high in South Carolina? I'm wondering if I'm missing something. 

Thank you!